Automotive Rental Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Automotive Rental Market Size and Growth
The Automotive Rental market has shown robust growth, driven by rising demand for flexible travel solutions and increasing customer preferences for cost-effective transportation. The global market size is projected to reach approximately $90 billion by 2027, influenced by technological advancements and evolving consumer habits in urban mobility and shared transportation services.
Companies Covered
(Covid 19 Impact Covered)
◍ Enterprise
◍ Hertz
◍ Avis Budget
◍ ALD Automotive
◍ Arval
◍ Sixt
◍ Europcar
◍ Localiza
◍ Unidas
◍ CAR Inc.
◍ Shouqi Group
◍ Goldcar
◍ Movida
◍ Fox Rent A Car
◍ eHi Car Services
◍ U-Save
◍ Yestock Car Rental
The automotive rental market features key players like Enterprise, Hertz, Avis Budget, and Europcar, driving growth through diverse fleet options and technology integration. Companies like ALD and Arval focus on corporate rentals, while local firms like Movida emphasize regional services. Revenue examples include Hertz's $8.8 billion and Enterprise's $24 billion.
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